Battery Storage to Help Offshore Wind Farms Maximize Revenue

The “Batwind” project will consist of two Y.Cubes, 10-foot modular battery containers, which will be placed at the Hywind Scotland onshore substation in Peterhead, Scotland. The system from Younicos is one of the several components Statoil is using to understand how a battery can help increase the value of the produced electricity and how a battery can work together with the wind farm and the grid. The project is expected to be operational by June 2018 and will most likely be the first battery storage system connected to a floating wind farm once it is online. “As part of Statoil‘s strategy of gradually supplementing our oil and gas portfolio with profitable renewable energy, getting to understand energy storage is important, said head of Hywind Development in Statoil, Sebastian Bringsværd in a press release. “We believe battery storage will be key to future power systems,...